In Brief - Monday

NetLogic Microsystems, () a chipmaker, expects Q1 sales to increase 11%-11.5% to $23.3 mil-$23.4 mil, above views of $23 mil. It originally anticipated a revenue increase of 8%-10%. Shares rose 9% to 28.75.

SanDisk, () a flash memory and MP3 maker, said it will pair with Yahoo () to provide users free subscription music service via its new wireless music player. SanDisk and Yahoo each slipped 1%.

Apple () said it sold its 100 millionth iPod music player. The iPod was launched in ‘01. Shares dipped 1%.

California Pizza Kitchen, () a restaurant chain, expects Q1 profit of 19-20 cents ex items vs. views of 19 cents. Q1 ended on April 1. Revenue grew 15% to $149.4 mil, slightly above views. Results were hurt by unfavorable weather, the company said. Same-store sales grew 4.7%. Shares fell 0.3% to 33.05.

CIT Group, () a consumer finance company, put 3 executives on paid leave amid an inquiry into allegations that colleges and financial aid officials got kickbacks for steering student loan business to CIT. Shares slid 0.3% to 53.94.

Prestige Brands Holdings, () a marketer of personal care and household products, warned Q4 revenue will fall below views of $83 mil. Shares tumbled 6.8% to 11.34.



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